Sourcehttps://www.govexec.com
From FY1970 to FY1985, the number of people receiving federal civil service annuities rose from fewer than 1 million to nearly 2 million, an increase of 105%. Between FY1985 and FY2022, civil service annuitants rose by 767,000, an increase of about 39%.
Preparing for retirement
Know the three main parts of retirement income after a federal career:
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FERS basic retirement benefit
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Social Security
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Thrift Savings Plan
Other income may include employer plans, IRAs, state or local government benefits, military service, or private pensions.
Sourcehttps://www.govexec.com